THURSDAY, OCTOBER 1, 1964
THE PILOT—Southern Pines, North Carolina
Page ELEVEN
Parker Oil Company
Southern Pines
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YET PROGRESS SEEN BY OFFICIAL
N. C. Cash Farm Receipts Set New
High But Net Income Has Declined
By JAMES A. GRAHAM
N. C. Commissioner
Of Agriculture
North Carolina’s cash receipts
from farm marketings reached
an all-time high in 1963—the
the fourth consecutive year—top
ping all previous records. Our
farmers are to be congratulated
on this, especially since it was
achieved respite drought and sag
ging prices. Farm prices for com
modities under support were gen-
Eastman Dillon, Union Securities & Co.
Membeis New York Stock Exchange
MacKenzie Building 135 W. New Hampshire Ave.
Southern Pines, N. C.
Telephone: Southern Pines OX 5-7311
Complete Investment and Brokerage Facilities
Direct Wire to our Main Office in New York
A. E. RHINEHART
Resident Manager
Consultations by appointment on Saturdays
<D
C *
Our Southern Pines Office
has been consolidated with our
Charlotte Office.
Harold E. Hassenfelt
will serve the Southern Pines area from Qiarlotte.
The address is 110 South Tryon Street and the
telephone number is 333-5492. Mr. Hassenfelt will
also he available for consultation in Southern Pines
on the weekend. He may be reached at Oxford
2-3261.
We invite you to make use of our services.
Established 1925
Invesfment Bankers
Members New York Stock Exchange and Other National Exchanges
110 South Tryon Street Charlotte, N. C. Tel. 333-5492
erally more nearly down to the
support levels than in previous
years. This certainly emphasizes
the importance to North Caro
line of the price support pro
grams. Without the floors which
these programs provide, our cash
farm receipts might well have
dropped down into the cellar.
It is true that the state’s total
1963 net farm income dropped
5Vz per cent from 1962 and was
the lowest since 1960. This drop
reflects another increase in farm
production expenses which have
climbed in each of the past 15
years.
Cost-Price Squeeze
The continuing cost-price
squeeze as it relates, to the indi
vidual farmer is certainly to be
deplored. But an analysis of
these higher expenses shows that
even they reflect the state’s agri
cultural progress and provide a
note of optimism for the future.
For instance, the total expendi
tures for feed, more than double
that of ten years ago, largely in
dicate the state’s sharp and grati
fying expansion in livestock and
poultry production—rather than
a comparable increase in the cost
of feed per unit of production.
The expense item for repairs and
operation of capital items, nearly
double that of 10 years earlier, is
a direct indication of our increase
in farm mechanization.
Moving Fast
North Carolina agriculture has,
perhaps, come farther in a short
er period of time than any other
state in the nation. In common
with most of the south-eastern
states. North Carolina entered
the post-war era lagging in
mechanization, application of
technology, and full utilization
of all our agricultural resources.
But from a one-crop state we
have been moving out into more
and more lines of production,
producing more efficiently, and
generally broadening the base of
our agriculture.
This, of course, has cost money.
It has meant increases not only
in expenditures for production
materials and equipment but in
depreciation of farm capital,
higher taxes on farm property,
Contest Open To
N. C., S. C. Artists
Competition in the Springs Art
Contest and Show is open to am
ateur and professional artists of
any age who are legal residents
of North and South Carolina.
Students who attend schools in
other states but maintain their
legal residences in North or
South Carolina are eligible to en
ter. Deadline for entries is Octo
ber 27.
The contest and show, spon
sored by The Springs Cotton
Mills, will be held in the Nation
al Guard Armory in Lancaster,
S. C., October 31-November 8.
Henry Geldzahler, associate
curator of American Paintings
and Sculpture at New York’s
Metropolitan Museum of Art,
will be the contest judge.
A brochure, explaining contest
rules, may be obtained by writing
the Springs Art Contest and
Show, Fort Mill, S. C.
Special Issue Of Farm
Census Now Available
A special issue of the 1964
Farm Census Summary has just
been released by the Cooperative
Crop Reporting service.
The State-Federal service re
port is available now and shows
that North Carolina farm acreage
is totaled at 19,413,235 acres,
counting only five acre tracts
and larger units.
County by county, except for
three not contributing, the crops
harvested, land use and other in
formation, are listed for 1963.
A livestock inventory by coun
ties is given for 1964.
Copies of the publication
can be had by writing the Crop
Reporting Service, N. C. Depart
ment of Agriculture.
more interest paid on farm mort
gage debts.
Foundations
But if we bear in mind that
North Carolina agriculture has
been going through a period of
sharp transition, we can see that
it has made tremendous progress
and that we have been laying the
foundations for still more pro
gress in the future.
The Gray Fox
Restaurant
Pinehurst, N. C.
RE-OPENING
October 1
Breakfast
Luncheon
Dinner
Open Every Day
8 a.m. to 2 p.m.. and 5 p.m. to 9 p.m.
Village Court Building
CHARLES F. HERMAN. Owner
TELEPHONE CY 4-9751
KEEP UP WITH LATE VALUES IN PILOT ADS.
ri
Dodge comes on big for '65
What does Dodge do after two record-breaking
years in a row? Go for a third, podge comes
on big for '65, with four brand-new cars that
are big, quick, fresh and backed by the strongest
warranty* in the business. See them.
'GS Dodge
DODGE DIVISION CHRYSLER
MOTORS CORPOAATION
3 •
'65 DART: The Dodge-size corripactrif you'd like to live a iittie, we'd like
to let you in on something big—Dodge Dart for '65. Big beauty. Big comfort. Big ride. And
big savings. At your Dodge dealer's now.
'65 POLARA: Beautiful way to leave the low-price field, inches
bigger and a lot better-looking than anything near the price. With a standard 383 cu. in. V3
that thrives on regular gas. Why settle for less ? Ask for Polara.
'65 CORONET: A hot new Dodge at a new lower price. An
• . . f
all-new car that's as roomy as a standard-size Ford of Chevy, yet priced right with Fairlane,
Chevelle. With refreshing new styling. Oceans of room. Coronet '65—drive it.
-HERE'S HOW DODGE'S 5-YEAR, 50,000-MILE ENGINE AND DRIVE TRAIN WARRANTY PROTECTS YOU: Chrysler Corporation confidently
warrants all of the following vital parts of its 1965 cars for 6 years or 60,000 miles, whichever comes first, during which time any such parts that prove defective
in material and workmanship will be replaced or repaired at a Chrysler Motors Corporation Authorised Dealer's place of business without charge for such parts
or labor: engine block, head and internal parts, intake manifold, water pump, transmission cose and internal parts (excepting manual clutch), torque converter,
drive shaft, universal joints, rear axle and differential, and rear wheel bearings. REQUIRED MAINTENANCE: The following maintenance services are required
under the warranty—change engine oil every 3 months or 4,000 miles, whichever comes first; replace oil filter every second oil change; clean carburetor air
filter every 6 months and replace it every 2 years; and every 6 months furnish evidence of this required senrice to a Chrysler Motors Corporation Authorized
Dealer and request him to certify receipt of such evidence and your car's mileage. Simple enough for such important protection.
'65 CUSTOM 880: If elegance were spelled in numbers, this
would be it. From exclusive 6-window sedan to elegant convertible, this one will wear
well with your appreciation of luxury and your sense of good taste.
Newland Phillips Motors, Inc.
795 S.W. Broad Street
Southern Pines, N. C.
WATCH "THE BDB HDPE SHOW," NBC-TV. CHECK YOUR LOCAL LISTING.